Indo-Bangla trade resumes via rail, 40k tonnes of freight exported
RAILWAYS & METRO RAIL

Indo-Bangla trade resumes via rail, 40k tonnes of freight exported

Trade between India and Bangladesh has resumed via the Benapole land port, with around 40,000 tonnes of freight exported from India to the neighbouring country. Although passenger train services remain suspended since July 19, the movement of goods has picked up.

The exported goods include fly ash, dry oil cake, gypsum, stone, and natural gas, though there is a ban on the export of rice, wheat, and sugar. Over the past two weeks, 16 rakes have been dispatched from three Indian railway stations to Bangladesh. Of these, seven rakes carried dry oil cake, four transported fly ash, three were loaded with natural gas, and one rake each carried gypsum and stone.

Sources revealed that trade resumed after a 47-day halt, following discussions between high-level officials from both nations. On August 12, Bangladesh Railways had reached out to their Indian counterparts to restart both freight and passenger services.

India's exports to Bangladesh reached a record $14 billion in 2021, but decreased to $13.8 billion in 2022 and $11.3 billion in 2023. The recent developments in Bangladesh have impacted trade, though the country remains a crucial export market for India and its largest in South Asia.

(ET)

Trade between India and Bangladesh has resumed via the Benapole land port, with around 40,000 tonnes of freight exported from India to the neighbouring country. Although passenger train services remain suspended since July 19, the movement of goods has picked up. The exported goods include fly ash, dry oil cake, gypsum, stone, and natural gas, though there is a ban on the export of rice, wheat, and sugar. Over the past two weeks, 16 rakes have been dispatched from three Indian railway stations to Bangladesh. Of these, seven rakes carried dry oil cake, four transported fly ash, three were loaded with natural gas, and one rake each carried gypsum and stone. Sources revealed that trade resumed after a 47-day halt, following discussions between high-level officials from both nations. On August 12, Bangladesh Railways had reached out to their Indian counterparts to restart both freight and passenger services. India's exports to Bangladesh reached a record $14 billion in 2021, but decreased to $13.8 billion in 2022 and $11.3 billion in 2023. The recent developments in Bangladesh have impacted trade, though the country remains a crucial export market for India and its largest in South Asia. (ET)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code